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NY contingents could make return next month
The New York State Insurance Department has begun the process of formally implementing changes to insurance regulation that could see a reintroduction of the contingent commissions lost in the Spitzer era by as early as mid-January 2010.
10 December 2009
Briefings
The Insurance Insider's monthly column keeping check on legislative and regulatory developments.
09 December 2009
International digest
AIG rallies after slashing federal debt; Microinsurance hits Copenhagen spotlight; Partner takes Paris; Munich Re in Ergo buy-out; AM Best warns Kingsway
09 December 2009
London digest
$25bn Lloyd's US guardian comes to London; Lloyd's considers strategic growth plan; Ward calls on London to rally for Lloyd's Exchange; Talbot lifts Swiss Re construction crew
09 December 2009
R&Q gains approval for RK Carvill deal
Randall & Quilter (R&Q) has received regulatory approval from the Financial Services Authority for its acquisition of RK Carvill's broking portfolio.
09 December 2009
Navigant to close (re)insurance service
Navigant Consulting's (re)insurance service line is set to be discontinued in the coming months - offering further evidence of the challenges the economic downturn has set service providers.
09 December 2009
April creditor meetings set for EAUA Pools
Creditors' meetings are set to be called for the English and American Underwriting (EAUA) Pools in London at the end of April 2010.
09 December 2009
Seaton and Stonewall ruling due in early 2010
An UK High Court ruling is expected in early 2010 for the latest stage of US run-off insurers Seaton Insurance Co and Stonewall Insurance Co's legal battle with Randall & Quilter (R&Q).
09 December 2009
Vital appeal heard on solvent schemes
The Scottish Court of Appeal hearing on the dismissal of the proposed Scottish Lion solvent scheme of arrangement ended on 4 December, which is now expected in the new year.
09 December 2009
BF Rück auction victory for Axa
Axa Liabilities Managers (ALM) has clinched the tender for German federal state-owned run-off group BF Rückversicherung - a sale first revealed in April.
09 December 2009
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